GBPUSD Technical Analysis today at the beginning of an upward trend. The pound dollar price is trading at $1.3073, and trading appears above most of the moving average intersections, as the MACD indicator indicates a positive trend. Accordingly, we can consider buying from the rise to $1.3090, and the target could be the $1.3115 area. It is also recommended to choose the $1.3115 area as a stop loss point to control risks.
GBPUSD Technical Analysis: On the other hand
On the other hand, if the sell zone at $1.3043 is broken, the GBP/USD price may head towards $1.3027.
GBPUSD Technical Analysis: Resistance and support levels
- Second resistance: 1.3088
- First resistance: 1.3081
- Pivot level: 1.3077
- First support: 1.3071
- Second support: 1.3066
